With many new homeowners looking at making a saving with the stamp duty holiday, the time has never been better to look at home improvements.
In 2020 the government announced that they are going to introduce a stamp duty holiday. That means that any house bought up to £500,000 will not pay stamp duty*. Therefore, if you have recently bought a property, you may be wondering what to do with the stamp duty money you saved.
That is why we have put together a list of home improvement projects that could be an excellent choice for a new homeowner. Plus, we will take a look at how much stamp duty you could save on your home.
*That does not include commercial, buy to rent or second properties. Welsh, Scottish and Northern Irish properties may have different rates and taxes.